Skip to main content

Gold Closes At 3-Month Highs; Best Asset Since Taper

By February 11, 2014No Comments

Gold has risen 6 of the last 7 days, breaking back over $1,275 and closing at three-month highs as the last 3 days have seen stocks and precious metals bid. Silver is on a 7-day win streak holding above $20 for the last 3 days. Despite fading back from highs today, gold outperformed stocks and bonds (on a flat USD day) and gold remains the best-performing asset (+3.75%) from the December Taper.

Gold hits its highest since mid-November…

Since the taper, Gold has outperformed…

Charts: Bloomberg

Your rating: None Average: 4 (2 votes)